CAclubindia Articles


Prospective Role of CFO in Corporate Governance

Posted by CS Shilpi Thapar 27 February 2013 8986 Views

As per The Institute of Company Secretaries of India (ICSI), Corporate Governance is defined as The application of best management practices,



Famous Chartered Accountants

Posted by Akash Shiv Sarawgi 26 February 2013 159285 Views

Last night I decided to check a few good and famous Chartered Accountants. I found CAs who have excelled in their field and reached to great heights. Since we are not allowed to advertise I had to try hard and was able to come up with a few nam



Are you compatible with your investments?

Posted by Ramalingam K 26 February 2013 7412 Views

Mr.X, as a friend is more compatible to Mr.Y. At the same time, Mr.X is not compatible to Mr.Y as a friend. A same individual is compatible to one person but not compatible to another person. You all could have experienced this in your life. Compa



Accounting and Auditing in Ancient India

Posted by Sonia Jaspal 26 February 2013 22869 Views

Professionals want to know the origin of their profession, the work done in olden times and the level of knowledge. I thought of sharing with you the history of Indian accounting and auditing profession. I discovered in Kautilyas Arthshastr



FAQ on GTA - Goods Transport Agency

Posted by @VaibhavJ 26 February 2013 33500 Views

FAQ on GTA - Goods Transport Agency QUE. What is the effective date of levy? ANS. 01-01-2005 QUE. Any goods based exemption? ANS. Transportation of fruits, vegetables, eggs and milk, pulses and cereals (33/2004) QUE. Any value based exemption? AN



Dealing Exam Stress!

Posted by Member (Account Deleted) 26 February 2013 15728 Views

HOW TO DEAL WITH EXAM STRESS? Hello, my name is varsha and this is my first article. My article is about how to deal with exam stress. Sleepless nights, troubled thoughts, loss of appetite, rapid pulse, trembling hands these are typical exa



Five Reasons to invest in Debt Funds

Posted by Ramalingam K 25 February 2013 7956 Views

Though debt funds have got their own advantages, they are mostly ignored by common investors. Debt funds have got a unique place in your portfolio. Here are five simple situations, in which debt funds can be used by prudent investors. 1) To m



Merely entry in books - Not amount to provision of Service

Posted by Bimal Jain 25 February 2013 6770 Views

Merely making entry in books of account did not amount to provision of service Highlights of important judgement of the Honble CESTAT-Chennai in the case of M/s FUTURA POLYESTER LTD. versus COMMISSIONER OF CENTRAL EXCISE. CHENNAI-I [2013 (1)



Joint Charge Mechanism

Posted by Madhukar N Hiregange 25 February 2013 33743 Views

Introduction: The new service tax law based on negative list taxation was effective from 1st of July 2012. Though there are a number of aspects and issues under the same, one of the main issues of conc



Taxability for concession in school fees or scholarship

Posted by Deepak Agrawal 22 February 2013 42588 Views

NOTE ON PERQUISITE TAXABILITY FOR CONCESSION IN SCHOOL FEES OR SCHOLARSHIP GIVEN BY THE EMPLOYER TO THE CHILD OF EMPLOYEE: 1. Taxability of Perquisites: As per section 17(2) (iv), Perquisite includes, any sum paid by the employer i




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